🌟🌟🌟I am impressed with the excellent Q1 24 earnings results of $XIAOMI-W(01810)$ However due to the overall drop in the US market today, Xiaomi share price is down 8% for the week.
Xiaomi's EV SU7 launch has been a great success as it has received more orders than it can fulfill. Xiaomi is now committed to doing a double shift in its factory to fulfill the orders. I believe its target of 120,000 is achievable.
I believe that Xiaomi is oversold and undervalued and this is a good time to buy Xiaomi and hold long term.
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